California Statutes
§ 11504. — 11504. (Added by Stats. 1960, 1st Ex. Sess., Ch. 33.)
California·Code SHC Streets and Highways Code - SHC·Div. 13. DIVISION 13. PEDESTRIAN MALLS·Part 1. PART 1. PEDESTRIAN MALL LAW OF 1960·Ch. 6. CHAPTER 6. Assessments and Bonds
All collections of assessments and all proceeds of the sale of bonds issued upon unpaid assessments shall be placed in a special fund and used exclusively for the payment of the damages, if any, and expenses for which the assessments were levied. If there is a surplus in such special fund, the legislative body may expend such surplus for the improvement or operation of the pedestrian mall.
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California § 11504. (11504. (Added by Stats. 1960, 1st Ex. Sess., Ch. 33.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1960, 1st Ex. Sess., Ch. 33.